Your roadmap to Financial Success
CommunityWorks Federal Credit Union provides members with a safe and secure environment to build assets, improve credit, and access affordable financial solutions. We envision an inclusive community where members thrive financially.

CONVENIENT HOME BANKING

As you journey from a state of stress to a place of prosperity, you’ll want to take advantage of our 24/7 online banking—check your balances from anywhere!

FREQUENTLY ASKED QUESTIONS

CommunityWorks Federal Credit Union provides members with a safe and secure environment to build assets, improve credit, and access affordable financial solutions. We envision an inclusive community where members thrive financially.

Are savings deposits insured?
Savings accounts are insured for up to $250,000 with additional coverage for retirement savings, by the National Credit Union Share Insurance Fund administered by the National Credit Union Administration (NCUA), an agency of the federal government.
How did credit unions start?
The first credit union cooperatives started in Germany over a 120 years ago. Today, credit unions are found in over 80 countries. The credit union movement began in 1909 in Manchester, New Hampshire as St. Mary’s Cooperative Credit Association, a church-affiliated credit union. Today, there are over 100 million credit union members in the United States.
What is the purpose of a credit union?
The primary purpose of credit unions is provide a not-for-profit financial alternative to help provide access to low-cost or no-cost financial services. Generally, credit unions offer lower loan rates and higher savings yields while helping people to improve their lives by eliminating the need to use fringe providers such as title loan companies, buy-here, pay-here stores and others that charge extremely high interest rates and fees.

Rather than paying profits to stockholders, credit unions return earnings to members in the form of dividends, low-cost loans and improved services.